We've tightened what earns a Pursue. A home now needs a published valuation, a strategy that still makes money after real running costs and lender stress tests, and no listing problems that would stop a mortgage. You'll see fewer Pursues, and each one has been checked harder.
See how verdicts work2-bedroom bungalow · TQ14 8RX
Listing removedListed 378 days
Opportunity summary
See Archie’s verdict, returns by strategy and what to check before viewing.
About
With no onward chain, a secluded detached bungalow perfectly positioned in a quiet cul de sac location with ample parking, a south facing deck, 16 solar panels, garage and level gardens.
A spacious kitchen/breakfast room offers double-aspect windows, extensive fitted cabinetry, integrated appliances including a Neff double oven, induction hob, fridge freezer, dishwasher, and washing machine, along with a gas boiler and room for a dining table.
The large sitting/dining room enjoys a south-facing aspect with floor to ceiling bay window providing plenty of natural light with doors leading onto the raised decking area.
The home includes two well-proportioned bedrooms, with the principal bedroom enjoying a south-facing bay window, and a modern bathroom featuring a walk-in shower, vanity storage, heated towel rail and under floor heating.
Externally, the property is set within wrap-around gardens on three sides, combining lawn, mature shrubs, trees, a pond, and a gravel parking area.
There is a driveway providing off-road parking for multiple vehicles, a garage and a carport. To the rear of the property, raised decking is ideal for outdoor entertaining.
Kitchen breakfast room This large room has double aspect windows, uPVC double glazed window to front and two uPVC double glazed windows to side.
Fitted with a range of matching wall and base units with integrated appliances, the kitchen includes a Neff double oven and induction hob, fridge freezer, dishwasher and washing machine, one and a half bowl stainless steel sink and drainer with mixer tap, cupboard housing gas combination boiler, radiator and plenty of space for a dining table and chairs.
A door leads into... Large sitting/dining room A uPVC double glazed window to the front aspect provides a view from the dining area. An archway leads through into the living space.
Feature fireplace, feature electric fire with hearth and surround, two radiators, an uPVC double glazed floor-to-ceiling bay window with doors leads onto a south facing raised decking area.
Door leading into the... Hallway With access to loft space. Opaque double glazed door leading to the decking area and doors leading to principal rooms and a separate WC.
Bedroom one Large uPVC bay window overlooking the south aspect. Radiator. Bedroom two UPVC double glazed window to side aspect. Radiator.
Bathroom The walk-in shower cubicle with sliding glass door and electric wall mounted shower, opaque double glazed window onto side aspect has a heated towel rail, nicely fitted with a range of vanity style cupboards with inset wash hand basin with mixer tap, low level WC, tiled flooring, spotlights and extractor fan.
Outside The property sits in a lovely plot with wrap around gardens to three sides.
The main garden area sits to the front of the property and is mainly laid to lawn with an area of gravel, with space to hang washing and is enclosed by mature shrubs and trees with a pond.
There is a driveway offering off road parking for several vehicles which leads to a car port and garage.
There is an area of raised decking to the south aspect which is again surrounded by mature shrubs and trees and from the deck leads to the west side offering an area of lawn, mature shrubs and trees.
Garage With up and over doors. Housing the fuse box, gas meter and controls for the solar panels that sit on the south side.
Disclaimer The property has the benefit of Solar Photovoltaic which we understand are owned outright and benefit from favourable feed in tariff payments.
EPC Rating: B Garden Info from vendor: Garden faces east, south and west
Value & comps
No previous sales on record.
Returns
Set an offer; the calculator follows it.
We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
Area
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FAQ
About 7 Oakley Close, Teignmouth
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